this post was submitted on 14 Aug 2023
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Sam Bankman-Fried is going to jail (arstechnica.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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Sam Bankman-Fried is going to jail::Judge also denied SBF's request to delay jail time.

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[โ€“] rockSlayer@lemmy.world 1 points 2 years ago (1 children)

Arcaro was an American co-conspirator, not the CEO

[โ€“] TheBat@lemmy.world 1 points 2 years ago

AFAIK the CEO was not in America when BitConnect scam got exposed. He was in India and managed to disappear. If found, he faces 70 years in prison. Arcaro was the second in command. That's better than nothing.